Veterinary Practices Market: ZIP 55341
Opportunity Score
94
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55341 is an urban area. with a population of 3,454 and household incomes well above the national median ($147,903).
Area Profile
3,454
Population
$147,903
Median Income
+98% vs. national
Urban
Area Type
Median Age: 37.5 —
mixed-age market, broad menu appeal.
College-Educated: 29.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,490
2BR Fair Market Rent
$1,806
Median Gross Rent
$420 K
Median Home Value
1
Bank Branches
$47 K deposits
Tips for Starting a Veterinary Business in Minnesota
- A veterinary practice costs $500K-$1.5M to start from scratch. Most new vets buy into existing practices or start mobile to reduce overhead.
- DEA registration, state veterinary license, and controlled substance permits all take time. Start applications 6 months before your target opening.
- Pet ownership rates vary by ZIP. Suburban areas with single-family homes consistently outperform dense urban cores for vet visit volume.
- Emergency and after-hours services command 2-3x standard pricing. Even offering limited emergency hours gives you a revenue edge in most markets.
- The median income here is $147,903. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+98% vs. $74,580
Nearby Markets
55357
3.8 mi
Pop: 3,704
$147,256
55376
3.9 mi
Pop: 19,317
$130,917
Walk: 3.2
55301
6.0 mi
Pop: 13,485
$131,157
55374
6.1 mi
Pop: 15,812
$152,239
Walk: 5.1
55373
6.3 mi
Pop: 5,725
$95,273
Walk: 6.0
55340
8.3 mi
Pop: 9,776
$174,120
55359
10.6 mi
Pop: 7,068
$129,508
55311
12.0 mi
Pop: 37,873
$148,122
Walk: 8.7
Check Another Market
Or estimate costs with the VetCostCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits